Creating and Editing Resources
Resources are everything used in production that isn't a material. For example:
- Employee wages
- Contractor payments (such as outsourced manufacturing)
- Utilities (electricity, water, gas, etc.)
- Equipment depreciation
- And more
Adding New Resources
There are two ways to create a new resource:
1. Click the “Add” button to create a resource from scratch
2. Copy an existing resource by opening it and clicking “Copy”
To edit a resource, open its details by clicking on the resource name in the list, then click the “Edit” button.
We've written in more detail about adding specific resource categories in separate articles:
- Adding employees
- Adding utilities
- Adding production equipment
Below we'll cover the general case.
Depreciation
Depreciation is the gradual allocation of a resource's cost to production expenses over time.
Enable depreciation for capital assets such as equipment, vehicles, buildings, etc.
Do not use depreciation for operational expenses like employee wages, contractor fees, outsourced manufacturing,
utilities, or other services.
The general rule is: if the resource has an initial acquisition cost and a finite useful life, use depreciation.
You can read more about depreciation in a separate article.
General Details
Name
The resource name.
Unit of Measure
The unit in which this resource is tracked.
Categories
You can organize resources into categories for easier navigation. Multiple categories can be assigned to a single
resource. When viewing the resources list, click on a category name to quickly filter the list.
Examples of resource categories: utilities, employees, equipment.
Notes
You can leave any helpful information in the notes field.
Files
You can attach files to your resources, such as images, specification documents, or any other relevant information.
Depreciable Resources
Initial Cost
The total acquisition cost of the asset (purchase price plus any setup costs).
Useful Life
The estimated productive lifespan of this resource. You can find this in equipment specifications or use your own
estimate.
Important! Specify actual operating time, not calendar time.
For example, if a machine will last 2 years but will only operate for 2000 hours during that period, enter 2000 hours
here, not 2 years.
Non-depreciable Resources
Price
The cost of using this resource.
For example, the cost of electricity per kWh or the hourly rate for an employee.
